Live Tweeting Encouraged: @GuideStarUSA encourages you to connect with other webinar participants, submit your questions to the host and speaker, and follow the online conversation by live tweeting using the identifier #npocomp.

Why:
The Private Inurement Prohibition requires a tax-exempt public charity to operate so that none of its income or assets unreasonably benefits any of its board members, trustees, officers, or employees. In an age of heightened scrutiny of the charitable sector by the IRS, Congress, and donors, it is important that a charity takes all necessary steps to ensure that it doesn't violate this prohibition by paying one or more of its employees excessive compensation.

In the first half of this one-hour webinar, attorney and former state charity official Karl Emerson will give an overview of best practices in nonprofit compensation. GuideStar's Chuck McLean will then explain how the 2010 GuideStar Nonprofit Compensation Report, the only large-scale analysis of its kind that relies exclusively on data reported to the IRS, can help you to determine appropriate executive compensation.

About GuideStar
GuideStar, http://www.guidestar.org, the premier source of nonprofit data, connects people and organizations with information on the programs and finances of more than 1.8 million IRS-recognized nonprofits. GuideStar serves a wide audience inside and outside the nonprofit sector, including individual donors, nonprofit leaders, grantmakers, government officials, academic researchers, and the media.